On November 3, Hyosung announced its decision to provide a debt guarantee for its U.S. affiliate, HS Hyosung USA Inc.
The creditor is Woori Bank, New York Agency, and the guaranteed amount is 28,548 million won, which is equivalent to 5.16% of the company's equity capital of 553,385.53 million won. The debt guarantee period runs from November 6, 2025, to November 5, 2026.
This debt guarantee is a measure taken in connection with the extension of HS Hyosung USA's existing credit line maturity. The guaranteed amount was calculated by converting USD 20 million at the exchange rate as of November 3, 2025. The scope of the guarantee covers not only the principal but also interest, late interest, and all associated fees and expenses.
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